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XRPL Lending Protocol Nears Activation: Validators, Vaults & XRP at $1.06
Audio is available on Spreaker — see link below.
The XRPL lending protocol is closer to mainnet than ever, with LendingProtocol and SingleAssetVault amendments hitting 63–66% validator support — here's what it means for XRP holders. Plus: XRP holds $1.06 amid ETF outflows, Evernorth equity volatility explained, and a $40K education push prepares builders for launch.
Audio is available on Spreaker — see link below.
The XRPL lending protocol is closer to mainnet activation than it's ever been. Two amendments, LendingProtocol and SingleAssetVault, have now secured sixty-three and sixty-six percent of validator support respectively.
Alongside the validator momentum, the XRP Ledger Foundation announced a forty-thousand-dollar education program to support tutorials on the lending protocol. The XRPL Lending Network is adding a ten-thousand XRP rewards pool for content creators.
XRP is trading around one dollar and six cents, and yes, there's been a rough stretch of price action. Down nineteen percent on the week.
Evernorth, the public XRP treasury company, saw its stock fall sharply after a resale filing freed up shares for early investors. The important distinction is that this was secondary market equity volatility.
The honest signal from this week is that ledger progress and price are moving on different timelines. The lending protocol getting to sixty-three percent validator support is real.
Keep your eyes on the validator count for both lending amendments. Seven more votes and the two-week activation clock starts.
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